Retail sales have been soft since early summer, and August doesn’t appear to be a get-well month for retailers either. Research firm Retail Metrics projects that August sales will rise just 1.7%…
Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Friday morning. Abercrombie & Fitch Co. (NYSE: ANF) maintained…
The three major US stock indexes opened lower this morning after Japan reported an unexpected plunge in its exports in July (our coverage here). In Europe there was not economic news out…
American Eagle Outfitters Inc. (NYSE: AEO) reported an adjusted second fiscal quarter EPS of $0.21 on $740 million in sales before markets opened this morning. In the same period a year ago,…
Paul Ausick The three major US stock indexes opened higher this morning but by early afternoon all three had gotten stuck solidly in the red. The higher opening reflected little data and some new…
While most earnings have already been announced, we have a significant number of sector leaders reporting earnings this week. We have taken the Thomson Reuters consensus earnings per share and revenue estimates…
Many retailers are out today with July same-store sales results, and the month’s gains appear to be better than first expected. The Thomson Reuters consensus estimate for sales growth was 3.1%, but…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Friday. American Eagle Outfitters (NYSE: AEO) named Bull of the Day at Zacks.…
Retailers have fared better than many other sectors over the past year, with the majority of share prices having risen although price to book values remain negative. Thus, either the sector is…
The three major US stock indexes opened lower this morning after European leaders disagree on a fiscal response to the continent’s debt crisis(our coverage here). New US home sales were slightly above…
The three major US stock indexes opened slightly higher this morning following their European and Asian counterparts, none of which were the least concerned about a downgrade to Japanese debt or dire…
The final projections from Retail Metrics are out and April is looking as though the same-store sales are going to come in up only 1.5%. If so, this will mark the lowest…
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. American Eagle Outfitters, Inc. (NYSE: AEO) Raised to Conviction Buy List at Goldman…
US stocks opened higher this morning following an in-line report from ADP on US employment gains. There was little economic news out today, but we can anticipate tomorrow’s report on new jobless…
Earnings season is over for the most part, but we still have many widely held companies which are due to report earnings this week. We have compiled earnings previews for the following…
